Sales Analysis.
During the year ended December of 2019, sales at
Focus Media Information Technology Co Ltd were 12.14 billion Chinese Renmimbi (US$1.71 billion).
This
is
a
decrease of 16.6%
versus 2018, when the company's sales were 14.55 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 83.4% decline
in Comunications, from 2.17 billion Chinese Renmimbi to 359.93 million Chinese Renmimbi.
There were also decreases in sales in
Internet (down 13.6% to 2.49 billion Chinese Renmimbi)
and
Transportation (down 27.8% to 1.57 billion Chinese Renmimbi)
and
Recreation and Leisure (down 3.1% to 991.36 million Chinese Renmimbi)
and
House (down 26.4% to 765.87 million Chinese Renmimbi)
and
Miscellaneous Business (down 27.0% to 678.00 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Consumer Goods (up 23.0% to 4.20 billion Chinese Renmimbi)
and
Commerce and Service (up 17.8% to 1.09 billion Chinese Renmimbi)
.